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Screen for Trends with Bollinger Bands & Twiggs® Money Flow

In a recent newsletter I highlighted a strategy for trading trends using Bollinger Bands and Twiggs® Money Flow.

Now there is a stock screen to accompany this. You will find the screen saved as #90489 on the Shared tab. To open the Stock Screener, select Securities >> Stock Screens on the chart menu.

Bollinger Bands & Twiggs® Money Flow Trend Scan

All weeks is displayed as "...within the last 9999 weeks". Click Edit to adapt the screen for use on other Exchanges (e.g. US) and Indices (e.g. S&P 500).

Bollinger Bands &: Twiggs® Money Flow Trend Scan Results

On the results page, click the TMFC header to order by the number of weeks since Twiggs® Money Flow (13-week) crossed above zero.

  • The %b column shows the number of standard deviations the stock is above the moving average (e.g. NUF value is 2.08 STD).
  • The TMFC column displays the number of weeks since Twiggs® Money Flow crossed above zero, a measure of buying pressure.

The first few stocks in the list are likely to be well-established trends that commenced some time ago.

Computershare [CPU] - Bollinger Bands &: Twiggs® Money Flow Trend

While others, further down the list, will display more recent breakouts.

Medibank Private [MPL] - Bollinger Bands &: Twiggs® Money Flow Trend

Please note that stocks shown are for illustration purposes only and are not recommendations. Readers should conduct their own research.

Here is a quick refresh of the Bollinger Bands/Twiggs® Money Flow trading strategy.



 
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